this post was submitted on 17 Jul 2025
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I hear you that you don't want a full point by point debate, so I'll just respond as succinctly as I can.
I... guess we agree on that last sentence, but you have to know that credit scores are routinely used for all sorts of things other than lending people money, that an entire data economy exists around this.
Most notably, in country where fewer and fewer people have no option but to rent a living space... If your credit score sucks, you don't get to live anywhere.
Companies soft pull your credit score before they decide to interviee or hire you.
Credit scores just are the social credit score all the rightwingers in the US are terrified of China for having, but they're controlled by corporations instead.
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Two different, domain specific meanings.
I am focusing on the most literal and technically accurate one.
You are focusing on the colloquial one, which implies an onerous quantity of debt.
...
As to credit unions being imperfect... yep.
They're not as competetive in many ways, because they do not have an exceptionally wide array of accounts to spread risk over... they are in my view, more representative of realistic local credit conditions.
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In general, you ignored my broader, main point of a totally financialized economy leading to a less equitable society... so... yeah.
Credit isn't a tool you can voluntarily use or not use or use in a different way.
You have direct control over a hammer. You do not have direct control over your credit report and score, it is abstracted, obfuscated behind layers of bureacracy.
You also have no choice but to use it, if you want to be an independent adult.
Its easier to live in the US without a car than without a credit score/history.
It is not optional if you want to participate in normal society.
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Welp, I did try to be succinct. I did not do a very good job, apologies for that, lol.